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EPC
Popular
Total views:  2500+
Guide price
£1,400,000

6 bedroom house for sale

The Star & Garter, 52 High Street, Falmouth, TR11 2AF
House
6 beds
6 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Hospitality & Holiday Accommodation Business For Sale
  • Bar/Restaurant With Commercial Kitchen
  • 2 Guest Suites & 3 Stunning Apartments (Circa 90% Occupancy)
  • Spectacular Harbour Views
  • Town Centre Location
  • Rare Freehold Opportunity
  • Likely To Appeal To Investors & Owner Operators Alike
  • Sale To Include A Comprehensive Inventory Of Trade Fixtures, Fittings And Furnishings
  • EPC B38

This is an exciting opportunity to acquire a landmark freehold property in the heart of one of the County's most sought after trading locations. The property has in recent years, undergone extensive remodelling and now comprises a stylish cafe bar/restaurant with a well equipped commercial kitchen, 3 stunning self contained apartments and 2 superb guests suites, with all of the apartments and suites having spectacular elevated views, across Falmouth Harbour.

Location

Falmouth is situated on the South Cornish coast and has a population of approximately 25,000 residents. The town and wider area attracts hundreds of thousands of visitors each year owing to its picturesque natural harbour, selection of beaches and stunning coastline, Falmouth regularly hosts national and international events including a variety of music and food festivals. The town has a wide selection of national and independent businesses, schooling for all ages and a popular university with almost 8,000 students.

For further information about the area, please visit:

General Overview

The Star & Garter has been owned by our client for several years and was, for much of this time trading as a successful Gastro Pub with letting rooms. In recent years, and to reflect the changing face of the hospitality trade, the business model was re-imagined and the ground floor of the building underwent alterations to create further letting accommodation, whilst still retaining a cosy and stylish Bar and Restaurant.

The business is now accommodation led with two stunning guest suites on the Ground Floor (FOC'SLE & CABIN). Above which, and accessed independently from the High Street are 3 superb self catering apartments,

(PENTHOUSE, STARBOARD & CROW'S NEST)

For further information on the letting accommodation, please visit:

The Bar & Restaurant are currently being operated by a 3rd party by way of an informal arrangement and as such, we do not hold accounts for that element of the business.

Should a prospective new owner not wish to operate the bar restaurant then this area of the building could be let on a commercial basis to provide an additional passive income. (Please speak to the selling agent for rental projections)

Property Description (Please see attached Floor Plan & Virtual Tour, for more detail)

Ground Floor: Fully equipped Bar/Restaurant, 2 x Guest Suites (Foc'sle & Cabin)

Lower Ground Floor: customer toilets, office/staff room, laundry room, cellar, walk in fridge, pot wash rea, dry stores and a superbly appointed commercial kitchen.

First Floor: (Starboard) comprising two double bedrooms, a bathroom, and a colourful open-plan kitchen and living area.

Second Floor: (Penthouse) comprising an open-plan living area and kitchen, and large bedroom with en suite.

Third Floor: (Crow's Nest) comprising an open plan kitchen/lounge, log burner, bathroom and bedroom.

Outside: There is a small enclosed courtyard to the rear of the building accessed from the lower ground floor with a pedestrian right of way onto the High Street via an adjoining passageway.

Accounts & Financial Information

Please speak to the selling agent.

General Information

Tenure: Freehold

EPC: C

Water: Mains

Drainage: Mains

Electricity: Mains

Gas: Mains

Legal Costs: Each party will be responsible for their own legal costs in connection with the transaction

Stock: To be taken at valuation, upon completion

Premises Licence: The premises are licenced for the sale of alcohol (a copy of the licence is available from the selling agent upon request)

Business Rates: please visit the Valuation Office website ().

Consumer Protection from Unfair Trading Regulations 2008.

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. Measurements are a guide only. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

ANTI-MONEY LAUNDERING REGULATIONS - Purchasers

It is a legal requirement that we receive verified identification from all buyers before a sale can be instructed. We ask for your cooperation on this matter to ensure there is no unnecessary delay in agreeing a sale. We will inform you of the process once your offer has been accepted.

PROOF OF FINANCE - Purchasers

Before agreeing a sale, we will require proof of your financial ability to purchase. Again, we ask for your cooperation on this matter to avoid any unnecessary delays in agreeing a sale and we will inform you of what we require prior to agreeing a sale.

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About this agent

Goundrys Estate Agents - Truro
Goundrys Estate Agents - Truro
Treleaven House, E5 Threemile Truro, Cornwall TR4 9LD
01872 703225
Full profileProperty listings
Established in 2004 by Andy Goundry, Andy has been an Estate Agent since 1986 and was accepted as a Fellow of The National Association of Estate Agents in 1996. In 2007 we set up our Lettings Department which has grown tremendously since and now we let and manage a property portfolio in excess of 250 properties for our various and varied landlords. Building on our success in 2009 Goundrys Estate Agents added the long established ‘Lee & Co’ office in the vibrant and popular North coastal village of St Agnes.  “With very strong personal links to the village... it seemed a perfect fit.” - Andy Goundry . At Goundrys Estate Agents we believe our continued success is built around the vastly experienced team of people we have. That our unrivaled local knowledge of our market place since the mid 1980’s, combined with an approach to marketing and customer service based on honesty and integrity are the ingredients sought by sellers looking for the reassurance that local knowledge leads to better results...
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